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For RentCondominium
$3,950/mo
500 Sail Lane #604, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Island Pointe Condo Ph 1C
3
Bedrooms
2
Bathrooms
2,227
Sq Ft
2005
Year Built

About This Property

Description from listing agent

Perched above the Indian River, this exceptional fully furnished penthouse delivers a front-row seat to the beauty of Florida's Space Coast. Panoramic water views, playful dolphins, and spectacular rocket launches create an ever-changing backdrop from nearly every room. The inviting layout features two generously sized bedrooms, a private office, and expansive gathering spaces designed for effortless entertaining. The well-appointed culinary kitchen boasts premium finishes and a climate-controlled wine cellar, creating the perfect setting for intimate evenings or hosting guests. Floor-to-ceiling vistas showcase the ever-changing waterfront scenery, from brilliant morning light to colorful evening skies. Thoughtfully appointed with upscale furnishings and essential household amenities, this fully furnished residence is ready to enjoy from day one. Enjoy the community pool, fitness room, sports courts and more!

Space Coast Context

🚀 Launch Viewing — Great Views

16.2 mi from SLC-40

16.2 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
KSC11.6 mi~26 min
Boeing/KSC11.7 mi~26 min
SpaceX12.2 mi~27 min
Lockheed12.6 mi~28 min
Blue Origin13.1 mi~29 min
Northrop16.7 mi~37 min
L3Harris18.5 mi~41 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 10/14/26
    Listed
    $3,950/mo
    $2/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Additional Details

Lot Size
0.03 acres (1,307 sqft)
Full Baths
2
Garage
1 car
Waterfront
Yes
Days on Market
1
MLS Area
251 - Central Merritt Island

Schools

Elementary

Mila

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Oct 14, 2026
Parcel #
24-36-35-34-00000.0-0001.58
$3,950/mo
per month

Listing Agent (for property info)

G
Gregory Ellingson
Ellingson Properties
321-750-7050
Call Listing Agent
MLS# 1089992

What's Nearby

vets
Island Animal Hospital
0.5 mi away
schools
Mila Elementary School
0.5 mi away
restaurants
Balibar Wines & Grinds
0.5 mi away
coffee shops
Balibar Wines & Grinds
0.5 mi away
restaurants
Wendy's
0.5 mi away
restaurants
Dairy Queen
0.5 mi away
pharmacies
CVS Pharmacy
0.6 mi away
home improvement
The Home Depot
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1089992 · Listing Broker: Ellingson Properties · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.